Bridgefront Capital LLC Buys Shares of 12,734 Suzano S.A. (NYSE:SUZ)

Bridgefront Capital LLC purchased a new position in shares of Suzano S.A. (NYSE:SUZ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,734 shares of the company’s stock, valued at approximately $129,000.

Other large investors also recently modified their holdings of the company. Atlas FRM LLC increased its holdings in Suzano by 13.1% in the 4th quarter. Atlas FRM LLC now owns 17,320,000 shares of the company’s stock worth $175,278,000 after purchasing an additional 2,000,000 shares in the last quarter. Itau Unibanco Holding S.A. increased its stake in shares of Suzano by 465.3% in the fourth quarter. Itau Unibanco Holding S.A. now owns 3,680,057 shares of the company’s stock valued at $37,242,000 after buying an additional 3,029,016 shares during the period. Marshall Wace LLP raised its holdings in Suzano by 111.7% in the 4th quarter. Marshall Wace LLP now owns 1,058,200 shares of the company’s stock valued at $10,709,000 after buying an additional 558,224 shares during the last quarter. American Century Companies Inc. raised its holdings in Suzano by 5.8% in the 4th quarter. American Century Companies Inc. now owns 932,954 shares of the company’s stock valued at $9,441,000 after buying an additional 50,971 shares during the last quarter. Finally, Ranmore Fund Management Ltd acquired a new stake in Suzano during the 4th quarter worth approximately $8,022,000. 2.55% of the stock is currently owned by institutional investors.

Suzano Stock Down 0.8 %

Shares of SUZ opened at $8.91 on Friday. The stock’s 50-day moving average price is $9.14 and its two-hundred day moving average price is $9.89. Suzano S.A. has a 12 month low of $8.41 and a 12 month high of $10.98. The company has a market capitalization of $11.80 billion, a PE ratio of 14.14 and a beta of 0.94. The company has a current ratio of 1.72, a quick ratio of 1.40 and a debt-to-equity ratio of 2.81.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Suzano to a “strong-buy” rating in a research note on Thursday, April 10th.

About Suzano

Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.